We’ve got the usual real estate round up for you this month. Let’s take a look at the Lancaster real estate market of September 2022, including some comparisons to September 2021.
New and sold listings for September came in at 535 and 485 respectively. These numbers were both a decrease from 2021, with new listings down 6.8% and sold listings down 16.2%.
September’s average sales price was $337,912. This is a 12.3% increase from September 2021’s average price of $300,991. Average days on market was 16 and average sales price to list price ratio was 101.5%.
We know there is an abundance of talk about the real estate market. Rising interest rates and commentary everywhere you turn can make the market seem daunting and overwhelming. If you ever have any questions about the market or are interested in making a move but are unsure of where to start, please never hesitate to reach out.